What does the exponent of the regression coeffcient, exp(B), represent in a logistic regression model?
let a linear regression equation be
y=b0+b1x1+b2x2+.....................bkxk .
Linear regression is based on Least Square estimates where Logistic regression is based on Maximum Likelihood Estimate such that it maximises the probaility of Y given X(likelihood).
The logistic Regression equation
Logit(p)=b0+b1x1+b2x2+.....................+bkxk
Where Logit(p)=Log(p/1-p)
(p=probability of the dependent variable equalling a "succcess" or "event")
Taking exponential boththe sides of
Logit(p)=b0+b1x1+b2x2+.....................+bkxk we get
Tis is how the exponent of the regression coeffcient, exp(B), represent in a logistic regression model
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